Consumer confidence hits an all time low

[Celticguy]

https://www.wsj.com/articles/consum...n-they-did-during-covid-lockdowns-11662292800

and it will get much worse long before it gets batter.

[COLOR=var(--primary-text-color)][FONT=var(--article-font-family)]The University of Michigan survey of consumer sentiment measures how U.S. consumers feel about their personal finances, business conditions and buying conditions. Recent surveys have shown that consumers have rarely felt more downbeat about all of these measures.[/FONT][/COLOR][COLOR=var(--primary-text-color)][FONT=var(--article-font-family)]In the past, when consumer sentiment was as depressed as it is today, stocks were in a bear market, unemployment was higher than average or prices were rising faster than usual.[/FONT][/COLOR]
[COLOR=var(--primary-text-color)][FONT=var(--article-font-family)]This year, inflation has been near [/FONT][/COLOR]four-decade highs[COLOR=var(--primary-text-color)][FONT=var(--article-font-family)] and a main driver of consumer pessimism. The S&P 500 is in a bear market, but up 7% from its 2022 low. Uncharacteristically of periods with low sentiment, [/FONT][/COLOR]unemployment is historically low[COLOR=var(--primary-text-color)][FONT=var(--article-font-family)].[/FONT][/COLOR]

 

[Concart]

https://www.wsj.com/articles/consum...n-they-did-during-covid-lockdowns-11662292800

and it will get much worse long before it gets batter.

Can you read? I guess not.

It is impossible for something to have RISEN in the last two month to be at it's all time low. Try reading a fucking chart, dumbshit.

So, to sum up, NOT at an all time low, and on the upswing. Can you stop proving how fucking moronic you are?

 

[Hawkeye10]

Amazon is hitting the brakes hard and slashing spending.....thats a sign.

 

[Life is Golden]

Geee, you don't say! Color me shocked.

 

[Concart]

Amazon is hitting the brakes hard and slashing spending.....thats a sign.

So should we buckle up tin foil hat guy?

 

[Grokmaster]